Money 101

When it comes to managing their finances, Australians aren’t exactly the best. In fact, according to OECD Data, household debt to income in Australia rose from 104% to 212% between 1995 and 2015.
To break the debt cycle, you need to have a better understanding of what your income and expenses are to start managing your money more responsibly. Once you have a better idea of your financial position and obligations, it makes it easier to manage essential payments like rent or mortgage, bil...

Everything You Need to Be Considering
For homeowners, a mortgage is an unfortunate fact of life. Whether you got a great deal on a property or not, the debt you take on still negatively impacts your financial situation. However, there are some upsides to shouldering a mortgage – primarily when it comes to your taxes. In some cases, any interest that you pay on your mortgage is tax deductible if you correctly itemize it on a tax return. Of course, this isn’t true for every situation, and ...

Traveling and accumulating money is easier to do now than ever before. There are currently over 54 million freelancers working in the United States alone. By the year 2020, freelances should make up 43% of the workforce. Freelancers work where they want and generally set their own schedules. This is an ideal scenario for those of us who are interested in traveling. There are many ways you can still accumulate wealth while traveling. Thanks to the growing number of remote jobs...

While credit plays an important role in our lives, it’s still surprising how little some people know about it. Many myths are still floating around about credit that might seem to make sense at first but could end up ruining your credit instead. By understanding how credit works, you won’t only be able to maintain or improve your credit, but you can also increase your chances of getting financing in the future. Here are some of the most common myths and misconceptions about credit and the t...

Every business has different needs when it comes to insurance. However, no business should take the risk of not investing in an affordable and complete insurance plan to cover any unexpected expenses. From workplace accidents to natural disasters, there’s a lot that could happen at any moment.
Preparing in advance will help you attain peace of mind knowing that your investment is protected. The cost of vehicle accidents, property damage, theft, lawsuits, and countless other potential ri...

Consumer spending in America hit 14.1 trillion dollars during quarter three of 2018. How we spend plays a big role in how we save. If you want to accumulate wealth, looking at the freshest shopping trends will help you to understand how others save money by changing their own shopping habits. The hottest trends in shopping are purchases made via mobile devices, pop-up shops and automated subscriptions. These trends show that consumers are looking for deals that might be hard ...

Two years ago, you couldn’t even imagine selling out this super cool vehicle that you loved driving around. But soon after driving it for six months or so, you realize that this doesn’t really fit your lifestyle. The rides are fancy no doubt, but issues such as difficulty parking at a public place or fitting in your entire family within, make it quite impractical. Not to mention, the high maintenance cost is totally messing your monthly budget. That is when you finally decide that it’s time to p...

Making the move between job roles is ever-popular in America. According to statistics reported by CNBC, 64% of Americans spend under two years in any given job. However, while the pay might be better in a new role, this doesn’t mean you’ll necessarily end up with more in your pocket.
The fact is, shifting jobs upsets a number of factors that contribute to your overall financial health. Making a career change should, of course, be beneficial for you in terms of career progression and your over...

How often do you find yourself on the internet looking for ways to save money and get out of debt? Chances are, you’ve either searched or thought about it. Debt can control your life and make it hard to do just about anything.
There’s no quick fix really to getting out of debt and living a financially comfortable life (unless you inherit a large amount or win the lottery). However, by implementing small changes into your day-to-day life, you could see yourself attaining that financial freedom...

Student loans are an integral part of the higher-education financial aid structure. They come from different sources and can be paid at different rates, in different times, and under varying conditions. Although its a point of controversy, student loans, especially federal and institutional loans, are a crucial mechanism to obtain the financial resources to go to college.They are almost certainly a part of most comprehensive aid packages, and should therefore be thoroughly understood and explore...